OPEC says Russia made small cut to oil output in November

Russia’s crude oil output in November edged down by 7,000 barrels per day (bpd) to about 8.99 million bpd, the Organization of the Petroleum Exporting Countries (OPEC) said on Wednesday, citing data from secondary sources such as consultancies. This was broadly in line with Russia’s monthly output quota of 8.98 million bpd under the OPEC+ ...